Reduce Card-on-File Declines For Wellness Package Visits

Many specialists offer discretionary wellness and package programs – from chiropractic adjustments to teeth whitening to group therapy. For some
practices, these recurring package programs represent a significant source of income. So, practices often maintain cards on file for these recurring
transactions.

While convenient, there’s a potential downside – declined payments resulting from lost, expired or outdated card information. Decline Minimizer from
OpenEdge is an automated card updating service easily integrated into your software solution. A practice simply requests the service and OpenEdge
handles the rest. Decline Minimizer automatically updates expired and outdated card information daily. The process is virtually invisible to your
customers, yet they’ll notice the impact on their businesses — fewer card declines and more approvals.

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The Real Cost of Declined Cards

$5,747

Decline Minimizer helps a business recover, on
average, nearly $6,000 per month that otherwise
would have been declined recurring transactions.
Source: OpenEdge Survey/eStudy.
68%

Among businesses using Decline Minimizer from OpenEdge, 68% report increased cash flow and 52% report better customer relations.
Source: OpenEdge Survey/eStudy.
7.33%

For businesses keeping more than 100 cards on
file, the average card decline rate is 7.33%.
Source: OpenEdge Survey/eStudy.
75%

75% of businesses see at least some declined transactions never collected.
Source: OpenEdge Survey/eStudy.

Download the Decline Minimizer PDF

Decline Minimizer from OpenEdge offers real benefits for the practice accepting repeat and recurring payments.